NEW YORK: A unit of Malaysia’s state-owned investment fund 1Malaysia Development Bhd (1MDB) - which has spurred investigations around the world into deal-making and political patronage under former prime minister Datuk Seri Najib Razak - is seeking bankruptcy protection in the United States.
Brazen Sky Ltd, which is fully owned by 1MDB, filed for Chapter 15 in the Southern District of Florida court, according to a filing.
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